Ammonium Chloride

Global Ammonium Chloride Market Is Expected To Witness Moderate Growth Of 4.0% CAGR By 2029

Chemical & Materials

Ammonium chloride is an inorganic chemical compound, which is predominantly used as a fertilizer. Other bundled applications of ammonium chloride in pharmaceuticals, food, textiles and other metal industries, have fetched notable advancements over the past decades. Global ammonium chloride market is poised to reflect moderate growth under 5% for these sectors. However, agrochemicals would still be the dominant application of ammonium chloride. The recent past has witnessed a resurgence of fertilizer grade ammonium chloride whose market is forecast to surpass US$ 2 Bn in 2029, reveals Fact.MR in a recently published report on ammonium chloride market.

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Key takeaways of the Global Ammonium Chloride Market

  • Ammonium chloride is used as a fertilizer for gaining high yield in paddy crops, which is a dominant grade, and accounts for around 90% market share.
  • Use of ammonium chloride as a salty flavor additive, a replacement to common salt is trending in Western Europe, and the trend is likely to migrate to other regions in the mid-term forecast.
  • Owing to technological advancements in Lithium-ion and polymer based batteries, ammonium chloride battery is now outdated. Thus, battery grade ammonium chloride is poised to experience stagnant growth till 2029.
  • Demand for ammonium chloride from medical/ pharmaceuticals in 2029 is anticipated to increase two fold from that of 2019.
  • East Asia is expected to maintain its reign in terms of supply and demand, accounting for more than three fourth of global ammonium chloride supply
  • The ammonium chloride market is fragmented in nature, with prominent manufactures of ammonium chloride coming from China.
  • Global ammonium chloride market is highly import-oriented, China is the largest exporter of ammonium chloride, the demand for ammonium chloride in Latin America and MEA is predominantly met through imports only.

Ammonium Chloride Market Segmentation

Fact.MR has studied the ammonium chloride market with detailed segmentation on the basis of grade, application and key regions.

Grade
  • Fertilizer
  • Pharma
  • Battery / Industrial
  • Food
  • Metal Works
Application
  • Agrochemical
  • Medical / Pharmaceutical
  • Food Additives
  • Leather & Textiles
  • Batteries
  • Middle East & Africa
  • Others
Region
  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia & Oceania

Cost-effective Manufacturing Giving Tailwind to China Ammonium Chloride Market

China has been a lucrative market for ammonium chloride and is set to maintain its dominance throughout the forecast period.

The country’s ammonium chloride production capacity is estimated to be around 17,000 KT, which accounts for over 90% of global ammonium chloride capacity.

Ammonium Chloride is predominantly manufactured using the Hou’s process in China and other Asian countries. The Hou’s process is also known as modified Solvay process. Hou’s process yields Ammonium chloride along with soda ash as a by-product, which has higher price value than that of the traditional Solvay process.

Thus manufacturers of ammonium chloride using Hou’s process have gained a competitive advantage over other players using the conventional Solvay process. Currently, China has an overcapacity of both ammonium chloride and soda ash.

China has witnessed a number of capacity expansions with domestic manufacturers entering the market.

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